Proposed Emergency Amendments to Property Tax Rule 462.520, Exclusion from Change in Ownership – Intergenerational Transfers

The State Board of Equalization proposes emergency amendments to Property Tax Rule 462.520, Exclusion from Change in Ownership – Intergenerational Transfers to enable the administration of Article XIII A, section 2.1, subdivision (b) of the California Constitution and section 63.2 of the Revenue and Taxation Code to add clarity and definitions to subdivisions and language of the Rule text

Dates and Description of Tasks
Date Description of Task
6/28/2022 The Board adopted the emergency amendments to the rulemaking documents
7/7/2022 Notice of emergency rulemaking package submitted to the Office of Administrative Law
7/18/2022 Rule 462.520 emergency amendments approved by the Office of Administrative Law
  • Rule text
  • Effective Date of Proposed emergency action.
7/25/2022 Staff sent a letter to interested parties

For the full list and status of pending regulations, please see the Status of Board of Equalization's Proposed Rules and Regulations.

To learn more about the rulemaking process, please see Rulemaking Protocol.